Skip to main content

Tenstorrent

Tenstorrent builds AI compute systems—from individual cards and workstations to rack-scale Galaxy superclusters—designed for running large language models and video generation workloads with high performance and near-linear scaling. The company pairs its RISC-V-based Tensix processors with an open-source software stack, allowing developers and enterprises to run frontier models locally or deploy on-premises infrastructure. Tenstorrent also licenses its AI and RISC-V IP to chip designers seeking customizable silicon solutions.

Traction 10/10
Toronto, Canada · HQ
Founded 2016
  • Semiconductor
  • Artificial Intelligence
  • Developer Tools
  • Hardware
Updated 3 days ago

Funding

Raised to date

$2.7BRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

across 7 rounds

+8

$1.5B · Series E

Announced Oct 2026 · from article date

Disclosed cumulative: $2.5B

6/6

Not on chart (date unknown): Undisclosed $200M

Founders

2 founders

Ivan Hamer

Canada

Co-founder

Profile summary: BS in Computer Engineering at University of Toronto

Milos Trajkovic

Toronto, Canada

Co-founder

Profile summary: BS in Electronics at University of Belgrade

Product

Problem

Traditional AI development and machine learning workflows are often constrained by the limitations of conventional computing systems, which struggle to efficiently handle the increasing demands of complex models and large datasets. This can lead to bottlenecks in performance, scalability challenges, and increased development costs.

Solution

Tenstorrent offers high-performance AI hardware and software solutions designed to overcome the limitations of traditional computing systems. Their products, including the TT-QuietBox workstation and the Tenstorrent Galaxy server, provide scalable and customizable AI compute resources, enabling developers to optimize performance for demanding machine learning tasks. By leveraging innovative hardware architectures and open-source software tools, Tenstorrent empowers users to develop and deploy AI models with greater efficiency and flexibility.

Target Audience

The primary target audience includes AI developers, machine learning engineers, and researchers who require high-performance computing solutions for developing and deploying advanced AI models.

Features

  • TT-QuietBox: A liquid-cooled desktop workstation optimized for running, testing, and developing AI models.
  • Tenstorrent Galaxy Wormhole Server: A rack-mounted server powered by 32 Wormhole processors, delivering dense, high-performance AI compute.
  • TT-Metalium: An open-source software framework that allows users to customize models, develop new algorithms, and run non-machine learning code.
  • Scalable architecture designed to handle complex models and large datasets.
  • Customizable AI compute resources for optimized performance.
This profile is AI-generated and may contain inaccuracies.